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Gross profit


In accounting, gross profit or sales profit or "credit sales" is the difference between ... corresponding metrics) leading from Net sales to Net income are as follows:.

Gross Income Definition | Investopedia


1. An individual's total personal income, before accounting for taxes or deductions. 2. A company's revenue minus cost of goods sold. Also called gross profit and ...

Gross-income | Define Gross-income at Dictionary.com


Accounting. total revenue received before any deductions or allowances, as for rent, cost of goods sold, taxes, etc. Expand. Also called gross revenue.

What is gross income? definition and meaning


Definition of gross income: The amount by which sales revenue exceeds production costs (cost of sales). Though operating income gives a more accurate  ...

Definition of Adjusted Gross Income


Jan 11, 2016 ... Adjusted Gross Income is defined as gross income minus ... We suggest you refer to your 2014 federal income tax return to get a quick estimate ...

What is a Gross Annual Income? definition and meaning


Definition of gross annual income: Total amount of income earned annually. Gross annual income represents the amount of money a person earns in one year ...

What is gross income and what is net? | Yahoo Answers


Jul 31, 2007 ... Best Answer: Gross income is before taxes and deductions, and net .... go on for days to figure out the actual Adjusted Gross definition I'm sure.

The Differences Between Net & Gross Income for a Business | Chron ...


When you prepare an income statement for your business, you must calculate both gross and net figures. Doing so allows you to gauge the viability of your ...

Gross Profit Definition & Example | Investing Answers


Here's a modified income statement of a large technology company. As you can see, gross profit is the preliminary measure of profitability before operating ...

Gross Monthly Income From Work Concepts and Definitions


Jun 27, 2013 ... For employees, it refers to the gross monthly wages or salaries before deduction of employee CPF contributions and personal income tax.

Popular Q&A
Q: How to Calculate Gross Income.
A: Gross income is the total of all your income before taxes and other deductions are removed. The amount left after all deductions is called net income. Calculati... Read More »
Source: www.ehow.com
Q: What Is Gross Annual Income?
A: Gross annual income includes all taxable income from any source. The United States Code lists 15 different types of earnings that contribute to it. While the In... Read More »
Source: www.ehow.com
Q: What is an architects gross income?
A: not much only $50-70 grand a year but that's with at least 5 years of experience i found that out and i chose another career. Read More »
Source: wiki.answers.com
Q: What is the gross income of a psychiatrist?
A: about 90 thousand a year. Read More »
Source: wiki.answers.com
Q: What Is the "Gross" Description?
A: "Gross" is one of those medical terms that is often misunderstood. In this case, it doesn't mean that anyone's disgusted by what they see. "Gross" means obvious... Read More »
Source: breastcancer.about.com